CCEA approves Kiru Hydro Electric Project in Jammu and Kashmir

Cabinet Committee on Economic Affairs (CCEA) has approved for construction of Kiru Hydro Electric (HE) Project of 624 MW capacity (4 X 156 MW) in Jammu & Kashmir. The project is located on River Chenab in Kishtwar district of Jammu & Kashmir. Its foundation stone was laid in February 2019 by Prime Minister Narendra Modi.

It is envisaged as Run of River (RoR) Scheme, designed complying with requirements of Indus Water Treaty (IWT) 1960, with installed capacity 624 MW (4 x 156 MW).

It will provide much needed power in northern grid and shall accelerate process of development of remote areas of J&K.

It will be constructed by Chenab Valley Power Projects Private Limited (CVPPPL). CVPPPL is joint venture company amongst NHPC, J&K State Power Development Corporation (JKSPDC) and PTC with shareholding of 49%, 49% and 2% respectively.

It is scheduled to be completed in a period of 4 1/2 years and will be implemented at an estimated cost of Rs.4287.59 crore (including foreign component).